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Global Business Environment- SASOL Limited

Added on - 12 Nov 2020

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Global BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1PROJECT 1......................................................................................................................................1TASK 1&2 (Covered in PPT)..........................................................................................................1PROJECT 2......................................................................................................................................1TASK 3&4.......................................................................................................................................11. Structure, Culture and Governance of Organisation by Applying of McKinsey's 7S Model.12. Hofstede's Dimensions of Culture...........................................................................................23. Evaluation of Ethical and Sustainable Factors........................................................................34. Factors Affecting Decision Making in Global Context..........................................................45. Strategic Expansion Routes with Advantages and Disadvantages.........................................4CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
INTRODUCTIONGlobal business environment refers to the environment in different countries whichinfluence the decision making process and capability of an organisation. It can be divided intotwo parts: internal and external environment. Global business environment mainly focus onexternal environment which includes political, technological, social, cultural and regulatoryfactor(Barnwell and et. al., 2014). This report is based on SASOL Limited which is a type ofpublic company. It was founded in 1950 and its headquarter is located in Sandton, South Africa.This company is based on oil and gas chemical. In this report there will be a discussion aboutconcept and factors of globalisation. Impact of digital technology on globalisation is alsoincluded in this report. PEST analysis and strategic challenges will discuss. Apart from this,McKinsey's 7S model and Hofstede's dimensions culture model will discuss. At last, ethical andsustainable factors and its impact on decision making in global market will discuss.PROJECT 1TASK 1&2 (Covered in PPT)PROJECT 2TASK 3&41. Structure, Culture and Governance of Organisation by Applying of McKinsey's 7S ModelSASOL Limited apply corporate governance structure which considers to delivering ofsustainable growth. Board of directors set the direction for the group and take effectivejudgement and ensure that risk and sustainable development which are appropriately balanced.SASOL Limited is focuses on health and safety of social culture. They involveproductive employees with required knowledge and skills in their organisation.Mckinsey's 7S ModelThis model was formulated by McKinsey in 1970 which is the well famous consultancyfirm in US. It is based on effective organisational changes to interpret the complex relationbetween difficult components. 7S are describe as follows:-Shared Value- It is an interconnecting center of sharing values. This model describe thatSASOL Limited is stand for what and what are their values, beliefs and attitudes. They focus ontheir social culture and decide their goals and objectives(Belás and et. al., 2014).1
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